Vestas Wind Systems A/S (OTCMKTS:VWDRY) Reaches New 1-Year Low - Time to Sell?

Vestas Wind Systems A/S (OTCMKTS:VWDRY - Get Free Report) shares reached a new 52-week low during trading on Friday . The stock traded as low as $4.31 and last traded at $4.37, with a volume of 652665 shares changing hands. The stock had previously closed at $4.42.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Fearnley Fonds raised Vestas Wind Systems A/S from a "hold" rating to a "strong-buy" rating in a research note on Thursday, November 7th. Citigroup upgraded shares of Vestas Wind Systems A/S to a "strong-buy" rating in a research note on Wednesday, October 2nd. Finally, Berenberg Bank lowered shares of Vestas Wind Systems A/S from a "strong-buy" rating to a "hold" rating in a research report on Thursday, November 14th.

Vestas Wind Systems A/S Stock Down 1.1 %

The firm has a market cap of $13.24 billion, a price-to-earnings ratio of 437.00 and a beta of 1.19. The stock's 50 day moving average is $5.26 and its 200 day moving average is $6.95. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 1.08.

About Vestas Wind Systems A/S

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.

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